Interest-Only Calculator

Input Information

Loan Information
Amount :	($)
Interest-Only Rate :	(%)
Conventional Loan Rate :	(%)
Length :	(Yrs)
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Thanks for using our calculation tools. Your results appear below. Click the heading in the next section to switch between plain English and financial views. Do you have questions or feedback? Contact us.

Financial Analysis (Switch to Plain English)

Interest-Only Loan Payment :	$1,010.42
Total Interest-Only :	$363,750.00
Monthly Principal & Interests :	$1,357.37
Total Principal & Interest :	$488,654.80

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Payment Schedule

No	Interests	Principal	Balance
1	1,010.42	0.00	250,000.00
2	1,010.42	0.00	250,000.00
3	1,010.42	0.00	250,000.00
4	1,010.42	0.00	250,000.00
5	1,010.42	0.00	250,000.00
6	1,010.42	0.00	250,000.00
7	1,010.42	0.00	250,000.00
8	1,010.42	0.00	250,000.00
9	1,010.42	0.00	250,000.00
10	1,010.42	0.00	250,000.00
11	1,010.42	0.00	250,000.00
12	1,010.42	0.00	250,000.00
1 Yr	--- 12,125.00	--- 0.00
13	1,010.42	0.00	250,000.00
14	1,010.42	0.00	250,000.00
15	1,010.42	0.00	250,000.00
16	1,010.42	0.00	250,000.00
17	1,010.42	0.00	250,000.00
18	1,010.42	0.00	250,000.00
19	1,010.42	0.00	250,000.00
20	1,010.42	0.00	250,000.00
21	1,010.42	0.00	250,000.00
22	1,010.42	0.00	250,000.00
23	1,010.42	0.00	250,000.00
24	1,010.42	0.00	250,000.00
2 Yr	--- 12,125.00	--- 0.00
25	1,010.42	0.00	250,000.00
26	1,010.42	0.00	250,000.00
27	1,010.42	0.00	250,000.00
28	1,010.42	0.00	250,000.00
29	1,010.42	0.00	250,000.00
30	1,010.42	0.00	250,000.00
31	1,010.42	0.00	250,000.00
32	1,010.42	0.00	250,000.00
33	1,010.42	0.00	250,000.00
34	1,010.42	0.00	250,000.00
35	1,010.42	0.00	250,000.00
36	1,010.42	0.00	250,000.00
3 Yr	--- 12,125.00	--- 0.00
37	1,010.42	0.00	250,000.00
38	1,010.42	0.00	250,000.00
39	1,010.42	0.00	250,000.00
40	1,010.42	0.00	250,000.00
41	1,010.42	0.00	250,000.00
42	1,010.42	0.00	250,000.00
43	1,010.42	0.00	250,000.00
44	1,010.42	0.00	250,000.00
45	1,010.42	0.00	250,000.00
46	1,010.42	0.00	250,000.00
47	1,010.42	0.00	250,000.00
48	1,010.42	0.00	250,000.00
4 Yr	--- 12,125.00	--- 0.00
49	1,010.42	0.00	250,000.00
50	1,010.42	0.00	250,000.00
51	1,010.42	0.00	250,000.00
52	1,010.42	0.00	250,000.00
53	1,010.42	0.00	250,000.00
54	1,010.42	0.00	250,000.00
55	1,010.42	0.00	250,000.00
56	1,010.42	0.00	250,000.00
57	1,010.42	0.00	250,000.00
58	1,010.42	0.00	250,000.00
59	1,010.42	0.00	250,000.00
60	1,010.42	0.00	250,000.00
5 Yr	--- 12,125.00	--- 0.00
61	1,010.42	0.00	250,000.00
62	1,010.42	0.00	250,000.00
63	1,010.42	0.00	250,000.00
64	1,010.42	0.00	250,000.00
65	1,010.42	0.00	250,000.00
66	1,010.42	0.00	250,000.00
67	1,010.42	0.00	250,000.00
68	1,010.42	0.00	250,000.00
69	1,010.42	0.00	250,000.00
70	1,010.42	0.00	250,000.00
71	1,010.42	0.00	250,000.00
72	1,010.42	0.00	250,000.00
6 Yr	--- 12,125.00	--- 0.00
73	1,010.42	0.00	250,000.00
74	1,010.42	0.00	250,000.00
75	1,010.42	0.00	250,000.00
76	1,010.42	0.00	250,000.00
77	1,010.42	0.00	250,000.00
78	1,010.42	0.00	250,000.00
79	1,010.42	0.00	250,000.00
80	1,010.42	0.00	250,000.00
81	1,010.42	0.00	250,000.00
82	1,010.42	0.00	250,000.00
83	1,010.42	0.00	250,000.00
84	1,010.42	0.00	250,000.00
7 Yr	--- 12,125.00	--- 0.00
85	1,010.42	0.00	250,000.00
86	1,010.42	0.00	250,000.00
87	1,010.42	0.00	250,000.00
88	1,010.42	0.00	250,000.00
89	1,010.42	0.00	250,000.00
90	1,010.42	0.00	250,000.00
91	1,010.42	0.00	250,000.00
92	1,010.42	0.00	250,000.00
93	1,010.42	0.00	250,000.00
94	1,010.42	0.00	250,000.00
95	1,010.42	0.00	250,000.00
96	1,010.42	0.00	250,000.00
8 Yr	--- 12,125.00	--- 0.00
97	1,010.42	0.00	250,000.00
98	1,010.42	0.00	250,000.00
99	1,010.42	0.00	250,000.00
100	1,010.42	0.00	250,000.00
101	1,010.42	0.00	250,000.00
102	1,010.42	0.00	250,000.00
103	1,010.42	0.00	250,000.00
104	1,010.42	0.00	250,000.00
105	1,010.42	0.00	250,000.00
106	1,010.42	0.00	250,000.00
107	1,010.42	0.00	250,000.00
108	1,010.42	0.00	250,000.00
9 Yr	--- 12,125.00	--- 0.00
109	1,010.42	0.00	250,000.00
110	1,010.42	0.00	250,000.00
111	1,010.42	0.00	250,000.00
112	1,010.42	0.00	250,000.00
113	1,010.42	0.00	250,000.00
114	1,010.42	0.00	250,000.00
115	1,010.42	0.00	250,000.00
116	1,010.42	0.00	250,000.00
117	1,010.42	0.00	250,000.00
118	1,010.42	0.00	250,000.00
119	1,010.42	0.00	250,000.00
120	1,010.42	0.00	250,000.00
10 Yr	--- 12,125.00	--- 0.00
121	1,010.42	0.00	250,000.00
122	1,010.42	0.00	250,000.00
123	1,010.42	0.00	250,000.00
124	1,010.42	0.00	250,000.00
125	1,010.42	0.00	250,000.00
126	1,010.42	0.00	250,000.00
127	1,010.42	0.00	250,000.00
128	1,010.42	0.00	250,000.00
129	1,010.42	0.00	250,000.00
130	1,010.42	0.00	250,000.00
131	1,010.42	0.00	250,000.00
132	1,010.42	0.00	250,000.00
11 Yr	--- 12,125.00	--- 0.00
133	1,010.42	0.00	250,000.00
134	1,010.42	0.00	250,000.00
135	1,010.42	0.00	250,000.00
136	1,010.42	0.00	250,000.00
137	1,010.42	0.00	250,000.00
138	1,010.42	0.00	250,000.00
139	1,010.42	0.00	250,000.00
140	1,010.42	0.00	250,000.00
141	1,010.42	0.00	250,000.00
142	1,010.42	0.00	250,000.00
143	1,010.42	0.00	250,000.00
144	1,010.42	0.00	250,000.00
12 Yr	--- 12,125.00	--- 0.00
145	1,010.42	0.00	250,000.00
146	1,010.42	0.00	250,000.00
147	1,010.42	0.00	250,000.00
148	1,010.42	0.00	250,000.00
149	1,010.42	0.00	250,000.00
150	1,010.42	0.00	250,000.00
151	1,010.42	0.00	250,000.00
152	1,010.42	0.00	250,000.00
153	1,010.42	0.00	250,000.00
154	1,010.42	0.00	250,000.00
155	1,010.42	0.00	250,000.00
156	1,010.42	0.00	250,000.00
13 Yr	--- 12,125.00	--- 0.00
157	1,010.42	0.00	250,000.00
158	1,010.42	0.00	250,000.00
159	1,010.42	0.00	250,000.00
160	1,010.42	0.00	250,000.00
161	1,010.42	0.00	250,000.00
162	1,010.42	0.00	250,000.00
163	1,010.42	0.00	250,000.00
164	1,010.42	0.00	250,000.00
165	1,010.42	0.00	250,000.00
166	1,010.42	0.00	250,000.00
167	1,010.42	0.00	250,000.00
168	1,010.42	0.00	250,000.00
14 Yr	--- 12,125.00	--- 0.00
169	1,010.42	0.00	250,000.00
170	1,010.42	0.00	250,000.00
171	1,010.42	0.00	250,000.00
172	1,010.42	0.00	250,000.00
173	1,010.42	0.00	250,000.00
174	1,010.42	0.00	250,000.00
175	1,010.42	0.00	250,000.00
176	1,010.42	0.00	250,000.00
177	1,010.42	0.00	250,000.00
178	1,010.42	0.00	250,000.00
179	1,010.42	0.00	250,000.00
180	1,010.42	0.00	250,000.00
15 Yr	--- 12,125.00	--- 0.00
181	1,010.42	0.00	250,000.00
182	1,010.42	0.00	250,000.00
183	1,010.42	0.00	250,000.00
184	1,010.42	0.00	250,000.00
185	1,010.42	0.00	250,000.00
186	1,010.42	0.00	250,000.00
187	1,010.42	0.00	250,000.00
188	1,010.42	0.00	250,000.00
189	1,010.42	0.00	250,000.00
190	1,010.42	0.00	250,000.00
191	1,010.42	0.00	250,000.00
192	1,010.42	0.00	250,000.00
16 Yr	--- 12,125.00	--- 0.00
193	1,010.42	0.00	250,000.00
194	1,010.42	0.00	250,000.00
195	1,010.42	0.00	250,000.00
196	1,010.42	0.00	250,000.00
197	1,010.42	0.00	250,000.00
198	1,010.42	0.00	250,000.00
199	1,010.42	0.00	250,000.00
200	1,010.42	0.00	250,000.00
201	1,010.42	0.00	250,000.00
202	1,010.42	0.00	250,000.00
203	1,010.42	0.00	250,000.00
204	1,010.42	0.00	250,000.00
17 Yr	--- 12,125.00	--- 0.00
205	1,010.42	0.00	250,000.00
206	1,010.42	0.00	250,000.00
207	1,010.42	0.00	250,000.00
208	1,010.42	0.00	250,000.00
209	1,010.42	0.00	250,000.00
210	1,010.42	0.00	250,000.00
211	1,010.42	0.00	250,000.00
212	1,010.42	0.00	250,000.00
213	1,010.42	0.00	250,000.00
214	1,010.42	0.00	250,000.00
215	1,010.42	0.00	250,000.00
216	1,010.42	0.00	250,000.00
18 Yr	--- 12,125.00	--- 0.00
217	1,010.42	0.00	250,000.00
218	1,010.42	0.00	250,000.00
219	1,010.42	0.00	250,000.00
220	1,010.42	0.00	250,000.00
221	1,010.42	0.00	250,000.00
222	1,010.42	0.00	250,000.00
223	1,010.42	0.00	250,000.00
224	1,010.42	0.00	250,000.00
225	1,010.42	0.00	250,000.00
226	1,010.42	0.00	250,000.00
227	1,010.42	0.00	250,000.00
228	1,010.42	0.00	250,000.00
19 Yr	--- 12,125.00	--- 0.00
229	1,010.42	0.00	250,000.00
230	1,010.42	0.00	250,000.00
231	1,010.42	0.00	250,000.00
232	1,010.42	0.00	250,000.00
233	1,010.42	0.00	250,000.00
234	1,010.42	0.00	250,000.00
235	1,010.42	0.00	250,000.00
236	1,010.42	0.00	250,000.00
237	1,010.42	0.00	250,000.00
238	1,010.42	0.00	250,000.00
239	1,010.42	0.00	250,000.00
240	1,010.42	0.00	250,000.00
20 Yr	--- 12,125.00	--- 0.00
241	1,010.42	0.00	250,000.00
242	1,010.42	0.00	250,000.00
243	1,010.42	0.00	250,000.00
244	1,010.42	0.00	250,000.00
245	1,010.42	0.00	250,000.00
246	1,010.42	0.00	250,000.00
247	1,010.42	0.00	250,000.00
248	1,010.42	0.00	250,000.00
249	1,010.42	0.00	250,000.00
250	1,010.42	0.00	250,000.00
251	1,010.42	0.00	250,000.00
252	1,010.42	0.00	250,000.00
21 Yr	--- 12,125.00	--- 0.00
253	1,010.42	0.00	250,000.00
254	1,010.42	0.00	250,000.00
255	1,010.42	0.00	250,000.00
256	1,010.42	0.00	250,000.00
257	1,010.42	0.00	250,000.00
258	1,010.42	0.00	250,000.00
259	1,010.42	0.00	250,000.00
260	1,010.42	0.00	250,000.00
261	1,010.42	0.00	250,000.00
262	1,010.42	0.00	250,000.00
263	1,010.42	0.00	250,000.00
264	1,010.42	0.00	250,000.00
22 Yr	--- 12,125.00	--- 0.00
265	1,010.42	0.00	250,000.00
266	1,010.42	0.00	250,000.00
267	1,010.42	0.00	250,000.00
268	1,010.42	0.00	250,000.00
269	1,010.42	0.00	250,000.00
270	1,010.42	0.00	250,000.00
271	1,010.42	0.00	250,000.00
272	1,010.42	0.00	250,000.00
273	1,010.42	0.00	250,000.00
274	1,010.42	0.00	250,000.00
275	1,010.42	0.00	250,000.00
276	1,010.42	0.00	250,000.00
23 Yr	--- 12,125.00	--- 0.00
277	1,010.42	0.00	250,000.00
278	1,010.42	0.00	250,000.00
279	1,010.42	0.00	250,000.00
280	1,010.42	0.00	250,000.00
281	1,010.42	0.00	250,000.00
282	1,010.42	0.00	250,000.00
283	1,010.42	0.00	250,000.00
284	1,010.42	0.00	250,000.00
285	1,010.42	0.00	250,000.00
286	1,010.42	0.00	250,000.00
287	1,010.42	0.00	250,000.00
288	1,010.42	0.00	250,000.00
24 Yr	--- 12,125.00	--- 0.00
289	1,010.42	0.00	250,000.00
290	1,010.42	0.00	250,000.00
291	1,010.42	0.00	250,000.00
292	1,010.42	0.00	250,000.00
293	1,010.42	0.00	250,000.00
294	1,010.42	0.00	250,000.00
295	1,010.42	0.00	250,000.00
296	1,010.42	0.00	250,000.00
297	1,010.42	0.00	250,000.00
298	1,010.42	0.00	250,000.00
299	1,010.42	0.00	250,000.00
300	1,010.42	0.00	250,000.00
25 Yr	--- 12,125.00	--- 0.00
301	1,010.42	0.00	250,000.00
302	1,010.42	0.00	250,000.00
303	1,010.42	0.00	250,000.00
304	1,010.42	0.00	250,000.00
305	1,010.42	0.00	250,000.00
306	1,010.42	0.00	250,000.00
307	1,010.42	0.00	250,000.00
308	1,010.42	0.00	250,000.00
309	1,010.42	0.00	250,000.00
310	1,010.42	0.00	250,000.00
311	1,010.42	0.00	250,000.00
312	1,010.42	0.00	250,000.00
26 Yr	--- 12,125.00	--- 0.00
313	1,010.42	0.00	250,000.00
314	1,010.42	0.00	250,000.00
315	1,010.42	0.00	250,000.00
316	1,010.42	0.00	250,000.00
317	1,010.42	0.00	250,000.00
318	1,010.42	0.00	250,000.00
319	1,010.42	0.00	250,000.00
320	1,010.42	0.00	250,000.00
321	1,010.42	0.00	250,000.00
322	1,010.42	0.00	250,000.00
323	1,010.42	0.00	250,000.00
324	1,010.42	0.00	250,000.00
27 Yr	--- 12,125.00	--- 0.00
325	1,010.42	0.00	250,000.00
326	1,010.42	0.00	250,000.00
327	1,010.42	0.00	250,000.00
328	1,010.42	0.00	250,000.00
329	1,010.42	0.00	250,000.00
330	1,010.42	0.00	250,000.00
331	1,010.42	0.00	250,000.00
332	1,010.42	0.00	250,000.00
333	1,010.42	0.00	250,000.00
334	1,010.42	0.00	250,000.00
335	1,010.42	0.00	250,000.00
336	1,010.42	0.00	250,000.00
28 Yr	--- 12,125.00	--- 0.00
337	1,010.42	0.00	250,000.00
338	1,010.42	0.00	250,000.00
339	1,010.42	0.00	250,000.00
340	1,010.42	0.00	250,000.00
341	1,010.42	0.00	250,000.00
342	1,010.42	0.00	250,000.00
343	1,010.42	0.00	250,000.00
344	1,010.42	0.00	250,000.00
345	1,010.42	0.00	250,000.00
346	1,010.42	0.00	250,000.00
347	1,010.42	0.00	250,000.00
348	1,010.42	0.00	250,000.00
29 Yr	--- 12,125.00	--- 0.00
349	1,010.42	0.00	250,000.00
350	1,010.42	0.00	250,000.00
351	1,010.42	0.00	250,000.00
352	1,010.42	0.00	250,000.00
353	1,010.42	0.00	250,000.00
354	1,010.42	0.00	250,000.00
355	1,010.42	0.00	250,000.00
356	1,010.42	0.00	250,000.00
357	1,010.42	0.00	250,000.00
358	1,010.42	0.00	250,000.00
359	1,010.42	0.00	250,000.00
360	1,010.42	0.00	250,000.00
30 Yr	--- 12,125.00	--- 0.00
	Interests	Principal
Total	363,750.00	0.00	250,000.00

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or it's applicability to your financial situation. Please consult your own financial advisor.